September 5, 20255:11 AM ET Heard on Morning Edition Cory Turner New data reveals a growing problem; millions of federal student loan borrowers are at serious risk of default. A MARTÍNEZ, HOST: New data shows a growing problem with federal student loans. Millions of borrowers are at risk, at serious risk, of defaulting. NPR’s Cory Turner…
By Sarah Wood Sarah Wood edits content for Consumer Advice-Education and covers financial aid, student debt, tuition and many other topics related to secondary and postsecondary education. She also edits and manages The Bottom Line, a free newsletter that provides advice to prospective MBA students. Many families are shocked by a college’s sticker price. While the cost of…
By Ayelet Sheffey Millions of student-loan borrowers are falling into default — and the newest wave is older than before. About 3.6 million federal student-loan borrowers defaulted in the past two quarters, after a pandemic-era repayment pause ended and collections began again, according to new data from the New York Federal Reserve. Researchers said the average newly-defaulted…
